NEW DELHI: Saudi Arabia has suspended all travel to and from the corona outbreak hotspots in India, Brazil and Argentina. The temporary restriction applies to anyone who has been in these countries 14 days before the expected date of entry into Saudi Arabia and also to general aviation (charter flights …
Read More »Saudi Arabia suspends flights to and from India
NEW DELHI: The General Civil Aviation Authority (GACA) of the Kingdom of Saudi Arabia has suspended all flights to and from India in the wake of the increasing number of Covid-19 cases here. Besides India, Saudi Arabia also suspended air travel to and from Brazil and Argentina. In an official …
Read More »Sensex finishes 66 points lower; Bharti Airtel falls 8%
By: PTI | Mumbai | Updated: September 23, 2020 4:32:52 pm EEB on Dalal Street, Mumbai. (Express photo by Nirmal Harindran) Extending its losses for the fifth consecutive session, the benchmark Sensex equity index closed 66 points lower on Wednesday, following weakness in Bharti Airtel, TCS and Bajaj Finance despite …
Read More »Mistrys seek to sell Tata stake, but valuation is seen as a challenge
MUMBAI: The Pallonji Mistry Family announced its decision on Tuesday to exit Tata Sons, the holding company of India’s largest conglomerate in which it is the largest minority shareholder with almost 18.4%, after a bitter and protracted four-year battle in court and outside of the courts. In a statement of …
Read More »Mistry family say it’s ‘time to part ways’ with Tata Group
NEW DELHI: The billionaire mistry family, the largest minority shareholder of the Tata Group, said he needs to separate his interests after India’s largest conglomerate took steps to block the family’s attempt to borrow money against Tata’s stock. Tata Sons Pvt reported Tuesday that the Supreme Court said it is …
Read More »Sensex falls 300 points, Nifty finishes below 11,200 points on weak global signals
By: PTI | Mumbai | Updated: September 22, 2020 4:19:08 pm EEB on Dalal Street, Mumbai. (Express photo by Nirmal Harindran) The benchmark equity index Sensex fell 300 points on Tuesday, following losses in the Reliance Industries index heavyweights, the HDFC twins and Maruti amid weak signals from their Asian …
Read More »Sensex, Nifty keep falling: the main reasons behind this slide
NEW DELHI: Stock indices fell further Tuesday after a strong selloff in the previous session as rising global Covid-19 cases and concerns about further lockdowns in Europe weighed on sentiment. Both the reference BSE sensex and broader NSE Nifty it fell more than a percent in the first operations. These …
Read More »Raghuram Rajan, Viral Acharya calls for privatizing PSB, dismantling DFS
MUMBAI: Former Central Bankers Raghuram rajan and Viral Acharya have written a document in banking sector reforms where they have called for the ‘reprivatization’ of some public sector banks and the dismantling of the department of financial services. Calling for a reduction of the government stake below 50%, the document …
Read More »India’s imports from China drop 27.63% during April-August: Piyush Goyal
NEW DELHI: India’s imports from China declined 27.63 percent during April-August of this fiscal year to $ 21.58 billion from the same period a year earlier, Parliament reported Monday. The value of China’s imports stood at $ 4.98 billion in August and $ 5.58 in July, according to data provided …
Read More »Stock market crash amid world crisis; Investors lose Rs 4.23 lakh crore | India Business News
NEW DELHI: A sell-off in the stock market eroded Rs 4.23,139.78 crore of investors’ wealth in a single trading session on Monday. Markets witnessed significant selling pressure in the second half of trading as the 30-share BSE benchmark closed 811.68 points or 2.09 percent lower at 38,034.14. Following the weakness …
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